The Bank of Japan will not hesitate to ease its monetary policy further if there is a greater possibility that the momentum towards achieving the 2 percent inflation target is lost, Governor Haruhiko Kuroda said on Thursday.
When the central bank pursues monetary easing, the economic stimulus adopted by the government can exert significant effects to maintain the expanding trend in the economy, Kuroda told business leaders in Tokyo.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.